Tokenomics Table

Node operators are required to stake 500k $BIT token to become an Attestor. The tokens that will be provided for purchase for the initial 15 Attestors that iBTC has onboard prior to launch will be available for purchase OTC from the Attestor Requirements tranche, with any tokens left over being spread between the Ecosystem Development and Treasury tranches.

These Attestor Requirements tokens are available 100% at TGE, however, they will be minted directly into the staking contract with a 2-3 year lock up (up to BIT's discretion), to ensure that these 15 Attestors have actual tokens on the line, but they cannot sell them into the market instantly.

The FDMC for $BIT has been set at $65M which is easily achievable by the token value accrual estimations as showcased in the models below, as well as giving iBTC enough capital to fundraise, as well as giving investors enough of a delta between launch valuation and real potential valuation of $BIT.

Lastly, the Ecosystem Development tranche has a TGE unlock which will be used as an Airdrop.

Updated: Jan 2025